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News about Mortgages:
Farmer Mac Guarantees $475 Million of 3-Year Notes - ForbesWASHINGTON, Aug. 19 /PRNewswire-FirstCall/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac)(NYSE: AGM and AGM.A) announced today that it completed a new transaction in which it is guaranteeing $475 million of 3- year agricultural ...
Fannie Video Gallery - CNBCInsight on Fannie and Freddie's obstacle, with Lyle Gramley former Federal Reserve governor and Robert McTeer, National ... Freddie & Fannie CEOs: Unju... Fannie Mae and Freddie Mac CEOs Richard Syron and Daniel Mudd are in the hot seat, with Howard ...
More houses return to lender - Chicago TribuneThe number of vacant eyesore homes in your neighborhood could be on the rise. The reason: At auctions, the last legal step in the home foreclosure process, a growing share are ending up back in the laps of lenders instead of sold to third-party ...
Fannie, Freddie shares dive on bailout fears, bonds up - ReutersNEW YORK (Reuters) - Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out ...
Please Not Biden - SlateWhy Biden Would Be Bad: There's a bit of C-SPAN tape that should surface quickly if he's named. ... Remember, it wasn't Biden's plagiarism that knocked him out of the 1988 race. It was "''I think I have a much higher I.Q. than you do.'' ... [ you got ...
Banks' Subprime Market-Related Losses, Capital Raised: Table - BloombergAug. 20 (Bloomberg) -- The following table shows the $503.8 billion in asset writedowns and credit losses at more than 100 of the world's biggest banks and securities firms as well as the $352.5 billion capital raised to cope with them. Those with a ...
Fannie and Freddie shares dive on bailout fears - International Herald TribuneNEW YORK : Investors dumped shares of Fannie Mae and Freddie Mac , driving them to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out the stock value of the two U.S. housing finance giants ...
Fannie, Freddie shares dive on bailout fears - Washington PostNEW YORK (Reuters) - Investors dumped shares of Fannie Mae (FNM.N) and Freddie Mac (FRE.N), driving them to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out the stock value of the two U.S ...
Beat banks to deals on preforeclosure properties - Miami HeraldWhat is a preforeclosure? This is property in the foreclosure process but not yet owned by the bank. The borrower is generally 90 days or more late on the mortgage and has about three to six months to resolve the situation before the home is sold at ...
Quandary for air travelers - Baltimore SunSo it's August. Prime time for picnics and pool parties. It's also time to plan end-of-the-year holiday travel. Seriously. Now. Airlines plan to significantly cut flights after Labor Day , decreasing seating by 10 percent, while increasing ticket ...

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Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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